1443 Stone Mill Trce · Tucker, GA 30083

$69,900

3 bd · 1.5 ba · 1,152 sqft · Condo public records · 21 Days on market

Built 1974 $420/mo HOA · 26% of rent

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +28.9/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Rent growth +2.8/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks

Great Deal for this two story condo in the heart of Stone Mountain. Spacious 2 bedrooms 1.5 bathrooms with an attached 1 car garage. Large family room on main level of home. Enclosed porch of the master bedroom. This is the best deal currently on the market in this community. No rental restrictions! Could be a great investment opportunity or a home for owner occupant. Being sold in as is condition and cash offers only! Super location just a few minutes from downtown Stone Mountain Village and Stone Mountain Park!

Key facts

• Large family room
• Attached garage
• Two story condo

Tags

• TWO STORY CONDO
• ATTACHED GARAGE
• LARGE FAMILY ROOM
• ENCLOSED PORCH

Property features AI

Finance

• Other: Subdivision: Stone Mill Village; Unit is located behind the garages
• Financial info: Listing sold as-is / REO / no disclosure; Cash offers only
• HOA & community: Homeowners association with annual fee (includes insurance, structure & grounds maintenance, reserve fund, sewer, trash and water); Initiation fee applies; Community amenities: park, sidewalks, street lights, near public transport, walk to schools, near shopping

Exterior

• Parking: Attached garage (1 parking space)
• Security: Smoke detector(s); Carbon monoxide detector(s)
• Utilities: Public water; Public sewer; Electricity available; High speed internet available; Cable available; Sewer connected; Water available
• Home design: Residential condominium; Attached property; Two levels; Built in 1974; Fixer condition
• Construction: Brick construction; Composition roof; Building area ~1152 square feet
• Exterior features: Garden; Patio; Other exterior features; Double-pane windows

Interior

• Kitchen: Dishwasher; Garbage disposal; Breakfast area; Pantry
• Bedrooms: 2 bedrooms
• Flooring: Other flooring
• Bathrooms: 1 full bathroom; 1 half bathroom (total 1.5 bathrooms)
• Heating & cooling: Central heating (electric); Central air; Ceiling fan(s)
• Interior features: Tile bath; Accessible features (other); One common wall; Family room, sun room and additional living area
• Laundry & utility: Laundry closet; Washer/dryer hookup in kitchen area

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath condo listed at $70k.

Deal economics

• At list price, monthly cash flow is $236 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $70k).
• Recommended offer: $69k (1.5% below list) — sets the bar for market timing.
• Cap rate 10.4% vs local median 3.4% in Tucker — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• Dekalb County (suburban): math 19% / reading 28% proficiency, ranked #125 of 174 in GA (top 72%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Stone Mountain Elementary School (math 2% / reading 8%, grade F, #1,160 of 1,228 statewide, top 98%, 450 students, 100% FRL); Stone Mountain Middle School (math 12% / reading 15%, grade F, #407 of 470 statewide, top 87%, 1,072 students, 100% FRL); Stone Mountain High School (math 8% / reading 12%, grade F, #365 of 424 statewide, top 88%, 1,202 students, 100% FRL) — zoned schools average 100% FRL vs 68% district-wide (32 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 9% at this address vs 24% district-wide (-14 pts) — the specific schools serving this property underperform the Dekalb County average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+1.3%/yr); 257 active listings in the ZIP; 30 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 1,240 units permitted in DeKalb County in 2024 (385 in 5+ unit buildings).
• This rent runs 35% of the median local income ($55k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $483 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• DeKalb County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 21 days — a 2% lower offer ($69k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: property tax is 3.9% of price; HOA is 26% of rent.
• Climate carrying-cost: moderate wind risk, 23% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $68,851 (1.5% below list)

Questions for the listing agent

1. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 2.32% ✓
• Cap rate: 10.35%
• Cash-on-cash: 14.49%
• DSCR: 1.64
• GRM: 3.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.31% rent growth · sell at horizon

5-year hold

• IRR: 1.9%
• Equity multiple: 1.07×
• Total profit: $1,383
• Equity at exit: $10,422

10-year hold

• IRR: 8.6%
• Equity multiple: 1.58×
• Total profit: $11,332
• Equity at exit: $6,044

Cash invested: $19,572 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Georgia: 90 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

Magistrate court evictions in 10-30 days; no rent control; preempted; few tenant protections.

Methodology + full state rankings →

ZIP-level market 30083

• Rents YoY: 1.3%
• Active inventory: 257
• Price-to-rent: 3.6×

Monthly cashflow live

• Estimated rent: $1,621 high
• Mortgage (P&I): −$367
• Tax from tax record: −$229 /mo · $2,746/yr
• Insurance: −$29
• HOA: −$420
• Vacancy / Maint / Mgmt: −$340
• Net cashflow: $236

Break-even live

Break-even rent $1,322

Max offer price $69,900

Occupancy floor 80%

Sensitivity live

Price	-10% $276	-5% $256	+0% $236	+5% $217	+10% $197
Rent	-10% $108	-5% $172	+0% $236	+5% $300	+10% $364
Rate	-1.0pp $272	-0.5pp $254	base $236	+0.5pp $218	+1.0pp $200

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $17,475
• Closing costs: $2,097
• Reserves months: —
• Total cash needed: —

Rent comps 30 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1900 Tree Mountain Pkwy Stone Mountain, GA	1.0–2.0	1.0–2.5	1118	$1,200	$1.07	0d	25	0.25mi
1313 Stone Mill Way Stone Mountain, GA	1.0–4.0	1.0–2.5	1004	$1,633	$1.63	16d	12	0.36mi
1310 Wood Bend Dr Stone Mountain, GA	1.0–2.0	1.0–2.0	909	$1,500	$1.65	0d	76	0.44mi
4996 Sheila Ln Stone Mountain, GA	4.0	2.0	1450	$1,875	$1.29	0d	1	0.72mi
4923 Sheila Ln Stone Mountain, GA	3.0	2.0	1266	$1,200	$0.95	44d	1	0.81mi
1248 Park Blvd Stone Mountain, GA	3.0	2.0	1350	$1,880	$1.39	44d	1	0.88mi
4958 Central Dr Apt D Stone Mountain, GA	2.0	1.0	900	$995	$1.11	22d	1	0.92mi
4900 Central Dr Stone Mountain, GA	1.0–3.0	1.0–2.0	1100	$1,725	$1.57	0d	15	0.93mi
200 Summit Lake Dr Stone Mountain, GA	3.0	2.0	1486	$1,809	$1.22	22d	1	0.94mi
200 Summit Lake Dr Stone Mountain, GA	2.0	2.0	1175	$1,389	$1.18	13d	1	0.94mi
205 Summit Lake Dr Stone Mountain, GA	2.0	2.0	1155	$1,634	$1.41	44d	1	0.95mi
205 Summit Lake Dr Stone Mountain, GA	2.0	2.0	1175	$1,559	$1.33	13d	1	0.95mi
1297 Old Countryside Cir E Stone Mountain, GA	3.0	2.5	1392	$1,875	$1.35	0d	1	1.04mi
1 Chatfield Dr Stone Mountain, GA	1.0–3.0	1.0–2.5	1060	$1,565	$1.48	3d	20	1.04mi
1047 Ridge Ave Stone Mountain, GA	3.0	1.0	1402	$2,150	$1.53	25d	1	1.05mi
1311 Old Countryside Cir Stone Mountain, GA	3.0	2.5	1381	$2,061	$1.49	0d	1	1.07mi
1700 Weatherly Dr Stone Mountain, GA	1.0–2.0	1.0–2.0	769	$1,215	$1.58	6d	1	1.08mi
1150 Rankin St Stone Mountain, GA	2.0	2.5	1495	$1,850	$1.24	25d	1	1.09mi
5100 W Mountain St Stone Mountain, GA	1.0–3.0	1.0–2.0	1150	$1,484	$1.29	4d	11	1.09mi
1010 Sexton Dr Stone Mountain, GA	2.0	2.0	1000	$1,250	$1.25	13d	1	1.09mi
1305 Old Countryside Cir W Stone Mountain, GA	3.0	2.0	1132	$1,719	$1.52	17d	1	1.10mi
1150 Rankin St Stone Mountain, GA	2.0–3.0	2.5	1437	$1,850	$1.29	44d	2	1.11mi
5030 W Mountain St Stone Mountain, GA	2.0	1.0	1175	$1,199	$1.02	44d	1	1.12mi
1173 N Hairston Rd Stone Mountain, GA	2.0	1.0–2.0	1161	$1,426	$1.23	2d	30	1.13mi
1259 Old Countryside Cir Stone Mountain, GA	3.0	2.0	1309	$1,795	$1.37	44d	1	1.16mi
1075 N Hairston Rd Stone Mountain, GA	1.0–3.0	1.0–2.0	992	$1,540	$1.55	6d	12	1.18mi
1509 Kilmuir Way Stone Mountain, GA	2.0	2.5	1160	$1,550	$1.34	44d	1	1.19mi
1073 Thornwoode Ln Stone Mountain, GA	3.0	2.5	1235	$697	$0.56	22d	1	1.24mi
967 Pine Roc Dr Stone Mountain, GA	3.0	2.0	1206	$1,900	$1.58	11d	1	1.24mi
1059 Mariners Dr Stone Mountain, GA	2.0	1.5	1328	$1,600	$1.20	44d	1	1.41mi

HOA detail condo

• Monthly dues: $420 · $5,040/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 18 events

1. 2026-06-18
   days on market $69,900 Active 21 DOM
2. 2026-06-17
   days on market $69,900 Active 20 DOM
3. 2026-06-16
   days on market $69,900 Active 19 DOM
4. 2026-06-15
   days on market $69,900 Active 18 DOM
5. 2026-06-13
   days on market $69,900 Active 16 DOM
6. 2026-06-09
   days on market $69,900 Active 12 DOM
7. 2026-06-08
   days on market $69,900 Active 11 DOM
8. 2026-06-07
   days on market $69,900 Active 10 DOM
9. 2026-06-04
   days on market $69,900 Active 7 DOM
10. 2026-06-03
    days on market $69,900 Active 6 DOM
11. 2026-06-02
    days on market $69,900 Active 5 DOM
12. 2026-06-02
    statuslisting id $69,900 Active 4 DOM
13. 2026-06-01
    days on market $69,900 New 4 DOM
14. 2026-05-31
    days on market $69,900 New 3 DOM
15. 2026-05-28
    listed $69,900 New
16. 2006-02-14
    soldstatus $74,000
17. 1995-10-30
    soldstatus $47,900
18. 1986-09-02
    soldstatus $41,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast GA · Resets to sale price

• Current annual tax: $2,746 · $229/mo
• Projected year-2 tax: $2,746 · $229/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥104°F today · 18 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 23% chance of damaging wind over 30 yrs
• 🫁 Air quality 6/10 Major 8 unhealthy d/yr today · 11 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,456
• − Mortgage interest: −$3,915
• − Property taxes: −$2,746
• − Insurance: −$350
• − Repairs & maintenance: −$1,557
• − Management: −$1,557
• − HOA: −$5,040
• − Depreciation: −$2,033
• Taxable income: $2,259
• Est. tax owed @ 24.0%: −$542
• After-tax cash flow: $2,294/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Dekalb County
• NCES district ID: 1301740
• Math proficiency: 19% ▼ -12.00%
• Reading proficiency: 28% ▼ -7.00%
• Median HH income: $51,448
• Composite: 20.92/100
• National rank: #8482
• State rank: #125 of 174 in GA

Livability — Tucker

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Tucker, GA
• County: Dekalb County · 782,738 people
• City population: 38,242
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 62,724
• Household income: $55,307
• Rent vs Own: 48.9% rent · 51.1% own
• Severe rent burden: 3574.0

Population outlook (DeKalb County) Hauer SSP2

• Today (2025): 839,977 people
• By 2030: 891,768 · +6.2%
• By 2040: 988,894 · +17.7%
• By 2050: 1,074,583 · +27.9%
• By 2075: 1,245,026 · +48.2%
• By 2100: 1,303,135 · +55.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (75%)
• Race & ethnicity: Black 75% White 8% Asian 8% Hispanic / Latino 5% Two or more races 5%
• Common ancestry: Arab 1%
• Foreign-born: 24% · Canada, Vietnam, India
• Languages at home: 71% English-only · Spanish 4% Other Indo-European 4% Vietnamese 2%

Political lean MEDSL · DeKalb

• 2024 margin: Solid D (+64.8) · D 81.9% · R 17.1% · Other 1.0%
• 2008→2024 swing: +6.1pp toward D · 2008: 58.6pp · 2024: 64.8pp
• All cycles: 2024: D+64.8 2020: D+67.4 2016: D+64.8 2012: D+56.8 2008: D+58.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -213.61%
• Current HPI: 216.2527
• Rent YoY: ▲ 1.31%
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• State GDP YoY: ▲ 2.66%
• F500 in state: 28

Industry mix (Fortune 500 HQ in GA)

Industry	F500 HQs	Revenue
▸Paper / Packaging	2	$29B
▸Retail	1	$160B
▸Transportation / Logistics	1	$91B
▸Airlines	1	$62B
▸Consumer Goods	1	$47B
▸Utilities	1	$25B

Price history

+70.5% since first listed

4 events — show timeline

• 2026-05-28 Listed $69,900 GAMLS
• 2006-02-14 Sold (Public Records) $74,000 Public Records
• 1995-10-30 Sold (Public Records) $47,900 Public Records
• 1986-09-02 Sold (Public Records) $41,000 Public Records

Property tax history

+9.6%/yr

Latest (2025): $2,746 · -17.2% YoY. Source: county tax records.